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Annual Report 2008 - Ministry of Finance and Planning

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8. Financial Statements - <strong>2008</strong><br />

306<br />

Notes to Financial Statements Contd.<br />

Note - 19 : Capital Contribution or Shareholdings in the Commercial Public Corporations / State Owned Companies /<br />

Other Companies / Plantation Companies / Development Banks (8468 / 8548)<br />

Balance<br />

Balance as at Additions Ajustments */Reduction as at<br />

01.01.<strong>2008</strong> in <strong>2008</strong> in <strong>2008</strong> 31.12.<strong>2008</strong><br />

Rs. Rs. Rs. Rs.<br />

Note - 19.1 (a) Capital Contribution in Commercial Public Corporations 82,159,272,851 1,500,000,000 83,659,272,851<br />

Note - 19.1 (b) Central Bank <strong>of</strong> Sri Lanka 15,000,000 15,000,000<br />

Note - 19.2 Shareholdings in Government Owned or Other Companies 26,318,346,430 841,639,000 27,159,985,430<br />

Note - 19-3 Shareholdings in Plantation Companies 986,982,850 232,846,440 58,211,620 1,161,617,670<br />

Note - 19.4 Shareholdings in Companies in US Dollor denomination 213,361,545 14,711,615 228,073,160<br />

Note - 19.5 Shareholdings in Development Banks 2,124,337,490 600 2,124,338,090<br />

Total 111,817,301,166 2,589,197,655 58,211,620 114,348,287,201<br />

Note - 19.1 (a) : Capital Contribution in Commercial Public Corporations<br />

S. No. Name Balance as at Additions Reduction Balance<br />

01.01.<strong>2008</strong> in <strong>2008</strong> in <strong>2008</strong> as at 31.12.<strong>2008</strong><br />

Rs. Rs. Rs. Rs.<br />

1 Bank <strong>of</strong> Ceylon 5,000,000,000 5,000,000,000<br />

2 Central Engineering Consultancy Bureau 500,000 500,000<br />

3 Ceylon Ceramics Corpoartion * 2,640,000 2,640,000<br />

4 Ceylon Electricity Board 51,198,676,120 51,198,676,120<br />

5 Ceylon Fisheries Corporation 376,710,000 376,710,000<br />

6 Ceylon Petrolium Corporation * 117,820,000 117,820,000<br />

7 Development Lotteries Board 2,200,000 2,200,000<br />

8 Housing Development <strong>Finance</strong> Corporation Bank 346,490,000 346,490,000<br />

9 National Films Corporation <strong>of</strong> Sri Lanka 10,000,000 10,000,000<br />

10 National Institute <strong>of</strong> Business Management 57,175,766 57,175,766<br />

11 National Livestock Development Board 576,587,649 576,587,649<br />

12 National Lotteries Board 21,263,100 21,263,100<br />

13 National Savings Bank 1,700,000,000 1,700,000,000<br />

14 National Water Supply & Drainage Board 185,480,000 185,480,000<br />

15 People’s Bank 5,698,133,000 1,500,000,000 7,198,133,000<br />

16 Sri Lanka Ayurvedic Drugs Corporation 5,000,000 5,000,000<br />

17 Sri Lanka Broadcasting Corporation 307,386,085 307,386,085<br />

18 Sri Lanka Cashew Corporation 427,287,074 427,287,074<br />

19 Sri Lanka Cement Corporation 966,971,844 966,971,844<br />

20 Sri Lanka Transport Board 3,944,890,550 3,944,890,550<br />

21 Sri Lanka Export Credit Insurance Corporation 30,000,000 30,000,000<br />

22 Sri Lanka H<strong>and</strong>icraft Board 69,629,000 69,629,000<br />

23 Sri Lanka L<strong>and</strong> Reclamation & Development Corporation 1,000,000 1,000,000<br />

24 Sri Lanka Ports Authority * 7,535,916,027 7,535,916,027<br />

25 Sri Lanka Rupavahini Corporation 537,743,000 537,743,000<br />

26 State Development & Construction Corporation 16,671,650 16,671,650<br />

27 State Engineering Corporation <strong>of</strong> Sri Lanka 70,000,000 70,000,000<br />

28 State Mortgage & Investment Bank 889,813,000 889,813,000<br />

29 State Pharmaceuticals Corporation <strong>of</strong> Sri Lanka 59,055,258 59,055,258<br />

30 State Pharmaceuticals Manufacturing Corporation 690,079,000 690,079,000<br />

31 State Printing Corporation 15,000,000 15,000,000<br />

32 State Timber Corporation 41,503,668 41,503,668<br />

33 Urban Development Authority * 1,257,651,060 1,257,651,060<br />

Total (19.1) 82,159,272,851 1,500,000,000 83,659,272,851<br />

Note - 19.1 (b) : Central Bank <strong>of</strong> Sri Lanka<br />

1 Centrtal Bank <strong>of</strong> Sri Lanka 15,000,000 15,000,000<br />

1.Total Equity (Net Worth <strong>of</strong> Commercial Public Corporation <strong>and</strong><br />

Not ready by<br />

Central Bank <strong>of</strong> Sri Lanka) Note 19.1.1 * 659,533,367,000 31.03.2009<br />

* (Only to satisfy the disclosure requirement)<br />

<strong>Ministry</strong> <strong>of</strong> <strong>Finance</strong> <strong>and</strong> <strong>Planning</strong> Sri Lanka<br />

<strong>Annual</strong> <strong>Report</strong> <strong>2008</strong>

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